Malaysia's sugar purchases from India hit record amid diplomatic spat


A file picture dated Dec 18, 2015 of a female worker cutting sugarcane in a field in Degaon village in Solapur, Maharashtra, India. - Reuters/Danish Siddiqui/File photo

MUMBAI (Reuters): India's exports of sugar to Malaysia so far in 2020 have nearly tripled over the figure for all of last year, as Kuala Lumpur steps up purchases to placate New Delhi in a trade dispute that halted its palm oil exports to India, trade officials said.

The record buying could also help India, the world's biggest producer of sugar, to cut stockpiles that are squeezing domestic prices.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

India , Malaysia , Sugar , Trade

   

Next In Nation

International system on brink of collapse, says Amnesty report
KLIA shooting: Suspect arrives at Kota Baru court to face several charges
Five to be charged with allegedly threatening loan shark victims in Johor
Do you know... about the Nation searches for answers?
Sis: Faisol had a fun-filled Hari Raya
Homegrown hero mourned by Felcra settlers too
Friends share their shock and sorrow
Doing right by abused kids
To sir’s pupils, with utmost love
‘Maybe God loves Joanna more’

Others Also Read